SBI (State Bank of India), the largest government bank in the country, offers customers the facility of Know Your Customer. For this, customers have to submit many types of documents, so that this process is completed.
New Delhi: The country’s largest government bank SBI (State Bank of India) offers customers the facility of Know Your Customer. For this, customers have to submit many types of documents, so that this process is completed. Through this process, the bank takes complete information about its customer, so that there is no problem of any kind and the bank can provide the right facilities to its customers. When you open your account, you have to complete this process. Let us tell you which documents you need for this process.
The bank needs to update KYC details of its customers from time to time. Banks need to submit and verify basic details of customers to complete the KYC process.
How can you update your bank KYC
>> Customers have to go to the nearest branch of State Bank of India for KYC update.
>> Necessary documents have to be submitted here.
>> Customers have to provide proof and address proof for their identity.
>> Customers with personal accounts can use passport, voter ID, driving license, PAN card, Aadhaar card.
What should minor account holders do?
If the account holder is a minor and is less than 10 years of age, then their ID will be proof, who are operating the account. If the minor is operating the account himself, in that case the process of verification of the person’s identity or home address will be similar to the other normal case.
What do NRI customers do?
If you are an NRI customer, you can give your passport or visa. Residency visa should be validated by foreign officers, notaries, Indian embassy, officers of the bank concerned.
These documents can be given as proof of address
>> Telephone bill (not more than 3 months old)
>> Bank account statement (not more than 3 months old)
>> Letter issued by recognized government authority
> > Electricity bill (not more than 6 months old)
>> Ration card >> Identity card
issued by trusted employers
>> Income tax / Estate tax assessment order
>> Credit card statement (not more than 3 months old)
> Copies of Registered Leave & License Agreement / Sale Deed / Lease Agreement
>> Letter issued by the hostel warden of the university / institution, to the student residing here, signed by the Registrar, Principal / Dean – Student Welfare.
>> In case of students, if they are staying with their relative, then their identity card and address certificate along with the declaration of that relative.
, according to RBI rules, banks will have to update their KYC after a certain time, customers whose KYC is not updated. . By giving notice to the bank, customers have to tell that their KYC is not updated.